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Simple math....aside from gold being useless...hard to store ..non transferable...Bitcoin is also more scarce. There are 5.6B ounces of gold which means Bitcoin is 266 times more scarce on a coin : ounce ratio...so Bitcoin should be atleast 266 times more valuable. $2020*266=538k. This is why...

Bitcoin doesn't have to solve anything...it's an inflation proof store of value. What does gold solve? Gold and Bitcoin were the same price a decade ago...how'd that work out for gold?

Okay I see the problem here. You fundamentally don't understand what Bitcoin is.

Really? According to the bitcoin cycle repeat chart it looks like a pretty steady climb since its launch. I won't assume you understand technical analysis but lack of it would explain your confusion on the subject.

Tether wasn't even created until 2014 when bitcoin had already gone .05 cents to over 1k....and I don't know maybe everyone would just continue using USDC instead? Somebodies clearly been drinking the cool-aid... :) https://www.vocabulary.com/dictionary/nationalism#:~:text=Nationalism is the...

Why do people keep talking about Tether lol??? It's just some form of digital US currency that they are trying to mimic inflation with by generating an endless supply of it.. It's the crypto equivalent of a cave man picking up a screwdriver and using it as a hammer. Bitcoin is not tethered to...

Just like I expected. I have been waiting for calls to get an IV pop. I just sold JUL26 38 calls for .85...collected $689 US, which is at a monthly pace of $1854. My break even is 28.12 (not incl 5k collected in premium) so if I get called away I will collect another $7900k in profits. Let's...

??? um so did you ever watch Scarface or Blow? I'm pretty sure fiat money has been used in criminal activities so that is a pretty weak propaganda spin that anti crypto people use. There are a lot of real world uses for crypto...equity loans are huge, you can also buy cars, boats, homes...even...

Um that would be an act of war against NATO so not going to happen...and Bitfinex aren't even top 10 in trading volume. I agree with @johnarb...sensing sour grapes here. :) https://coinmarketcap.com/rankings/exchanges/

No they can't lol. The world does not revolve around the US...and YES even though you probably didn't learn about it in school, there is a whole big world out there where people are free. Like it or not you are all European settlers..heck there are coffee tables in Scotland that are older than...

I didn't see Larry project Bitcoin price to hit 58k 3 months ahead, and get the trajectory right when everyone else was calling for 100k like I did ..let's give credit where credit is due. :)...

I don't know how to break this to you but the US does not control Bitcoin. :) Anyway US dollar has been losing ground for years as the defacto world currency. https://www.imf.org/en/Blogs/Articles/2024/06/11/dollar-dominance-in-the-international-reserve-system-an-update#:~:text=Taking a longer...

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Spoon feed me?? LOL. I'm the one who made this projection from three months ago. Where's your projections?

I'm still waiting for you to name one.

What are we making 1 trade every 5-10 years? :)

Buy 46 SEP20 NVDA CALLS @ 2.17 (10,000/2.17/100) The delta of your trade is .15 so a 15% chance of expiring ITM. 1SD move will put price at about 175 on SEP16 so the future price calculates to 3.64 3.64-2.17= $6762 However you are risking $10k every time with only a 15% win rate...if you cut...

Let's have an example.

The market is determined...it does no move freely or randomly, and is not reactive to external factors.